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Skanska Kicks Off $128M Office Project in Massachusetts
Two Drydock will open in Boston’s coveted Seaport District, featuring 225,000 square feet of premier office accommodations, retail space and a 12,000-square-foot public park.
PCCP, Lincoln Property Buy Silicon Valley Mixed-Use Campus
The companies have teamed up to acquire Valley Technology Centre, a 464,600-square-foot Class A office and R&D center in San Jose, Calif.
Office Leasing Moves Ahead at Metro Boston’s APEX Center
The mixed-use project in Marlborough, Mass., opened with hotels and an entertainment center, and now its two-phase office component is gaining more traction.
Smaller Hospitality Markets Loom Large: Marcus & Millichap
Details on hot trends emerge from the firm’s second-quarter national study, including investor interest in second- and third-tier markets.
AccorHotels to Buy $319M Stake in sbe
The partnership deal calls for the French travel and lifestyle group to acquire a 50 percent interest in the Los Angeles-based luxury hospitality company.
DC Spec Office Project Secures $95M Construction Loan
Working on behalf of The Lenkin Co., Cushman & Wakefield arranged a construction loan for 1050 17th St., a 154,000-square-foot speculative development in the city’s central business district.
Cushman & Wakefield Lines Up $415M Refi for NYC High-Rise
Angelo Gordon & Co., Normandy Real Estate Partners and George Comfort & Sons are the owners of the 750,000-square-foot property at 575 Lexington Ave. in Midtown Manhattan.
Major Industrial Park Coming to Texas
Stonemont Financial broke ground on a 540-acre project in El Campo. Ridgeline Property Group serves as the developer, while NAI James E. Hanson and NAI Partners are in charge of marketing the campus.
Philadelphia Office Building Trio Lands $355M Refi
NKF Capital Markets worked on behalf of Nightingale Properties and Wafra Capital Partners to secure loans for 1835 Market St., 1635 Market St. and 1500 Spring Garden.
Patrinely-USAA JV Breaks Ground on Denver Office Tower
Block 162 will add 595,000 square feet of Class A accommodations to the Mile High City. The JV also has an office project underway in the Houston area.